EUM Crosses Above Key Moving Average Level

In trading on Monday, shares of the Proshares Short MSCI Emerging Markets ETF (EUM) crossed above their 200 day moving average of $28.67, changing hands as high as $28.72 per share. Proshares Short MSCI Emerging Markets shares are currently trading up about 2.3% on the day. The chart below shows the one year performance of EUM shares, versus its 200 day moving average:

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Proshares Short MSCI Emerging Markets 200 Day Moving Average Chart

Looking at the chart above, EUM's low point in its 52 week range is $26.12 per share, with $33.86 as the 52 week high point — that compares with a last trade of $28.73.

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